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Internal Trade
Question
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 What is Wholesale Trade

Answer

Wholesale trade refers to the trade in which the trader buys in large quantities from the producer or manufacturer and sells them to other merchants in small quantities. The person engaged in this trade is termed as “wholesaler”. He acts as a middle man between the producer/ manufacture and the retailer.

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Some More Questions From Internal Trade Chapter

 Give the features of wholesalers.

Give the functions of wholesalers.

 Enlist the features of retail trade.

Write a short note on Super Bazaar.

 What is “one-price shop” ?

 Give the types of Multiple Shops.

Explain manufacturer’s shops.

 Explain middlemen shops.

Explain automatic vending machines as a form of large scale retailing.

 Enlist types of wholesalers.